Poll: Economy still looms large over Christmas
December 24th, 2013
09:10 AM ET
7 months ago

Poll: Economy still looms large over Christmas

(CNN) - While Americans may still deck the halls and stuff the stockings this Christmas, a new poll finds that the state of the economy is playing a major role in how Americans will celebrate it in 2013.

According to the CNN/ORC International poll, Americans plan to curtail their Christmas gift giving and charitable contributions due to economic concerns, while a sizable minority of Americans, 37%, report that the economy will make the Christmas holiday more stressful.

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Filed under: CNN/ORC International poll • Economy
soundoff (55 Responses)
  1. Rudy NYC

    I know that I've spent more this year than last year.

    December 24, 2013 09:31 am at 9:31 am |
  2. Fair is Fair

    Rudy NYC

    I know that I've spent more this year than last year.
    -------
    Maybe because things are more expensive. Awaiting the reply of "the PPI and CPI are low" blah, blah, blah... saved you the trouble. Tell that to the average Joe at the grocery store.

    December 24, 2013 09:54 am at 9:54 am |
  3. Lynda/Minnesota

    "And in the most recent poll, only 42% said Christmas was the best or great time of year - a sign that Christmas spirit has yet to fully recover from the recession. What's more, this year a record low of 11% of people said Christmas was "the best time" of year."

    Interesting that this poll equates "spending" with "Christmas spirit".

    December 24, 2013 09:58 am at 9:58 am |
  4. tom l

    @Rudy
    "I know that I've spent more this year than last year."
    ======

    Well then you are unique as all retailers are reporting low sales.

    December 24, 2013 09:59 am at 9:59 am |
  5. Donna

    Four and a half years after the recession officially ended and still very little job growth. One word, Obamacare. When you throw the entire healthcare system into turmoil by taking it over and turning it on its head, and in the process affecting every single American as well as every single business, this is what you get. Healthcare is a huge expense to businesses and the Democrats and Obama throwing it into unchartered waters means businesses will play it close to the vest because they don't know what to expect. And now Obama is changing the law every other day with personal proclamations. It makes planning by businesses almost impossible. But this is what you get when you put somebody in the White House that has never run ANYTHING.

    December 24, 2013 10:01 am at 10:01 am |
  6. truth hurts but reality bites

    People are holding back because they have no idea how much MORE (not less as Obama had promised) they will be paying for healthcare insurance. It could be thousands and for many that is a problem. Thanks to Obama and the Democrats, the healthcare insurance companies are the ones that will be vacuuming up a LOT of money, and all that is money not be used to drive up the economy.

    December 24, 2013 10:04 am at 10:04 am |
  7. Rudy NYC

    Donna wrote:

    Four and a half years after the recession officially ended and still very little job growth. One word, Obamacare. When you throw the entire healthcare system into turmoil by taking it over and turning it on its head, and in the process affecting every single American as well as every single business, this is what you get. Healthcare is a huge expense to businesses and the Democrats and Obama throwing it into unchartered waters means businesses will play it close to the vest because they don't know what to expect. And now Obama is changing the law every other day with personal proclamations. It makes planning by businesses almost impossible. But this is what you get when you put somebody in the White House that has never run ANYTHING.
    -----------------------
    I really hope that you can find some way to have a Merry Christmas and a Happy New Year. Life's too short.

    December 24, 2013 10:10 am at 10:10 am |
  8. Donna

    Rudy NYC
    I really hope that you can find some way to have a Merry Christmas and a Happy New Year. Life's too short.
    -–

    Oh don't worry Sweetie, I do very well at Christmas time and have a great time. BTW, nice way to avoid the truth of my response and divert the conversation. You are worthy of poor little Jay Carney's job as Chief Smoke Person.

    December 24, 2013 10:17 am at 10:17 am |
  9. Hector Slagg

    The News reported today, 24 December 2013 that Holiday Sales is off 3.1 percent. Most business get half their profits for the year during the Holiday Season.

    December 24, 2013 10:18 am at 10:18 am |
  10. Larry in Houston

    I hope Donna has a nice X – mas .....That gal needs a break.... LOL – I love reading her posts...I wish I could honestly predict who is going to control congress in November, 2014.... If I could, I would be a billionaire.....It could go either way.....it's not going to hinge on the economy or immigration, or voting for your congress person because they "might" bring home federal dollars for roads/ bridges / infrastructure / libraries / in earmarks, or anything else you may think it might be, or anything else you may want the money for, in your state.........That "Vote" in November, is going to hinge on the ACA...b/c the other stuff doesn't hit the consumers directly into their pockets....

    December 24, 2013 10:21 am at 10:21 am |
  11. rs

    As long as one of the two political parties remains in neutral, or only advocates for the benefit of the rich and corporate class ("corporations are people too, my friend") the economy will improve- but at a nearly glacial rate- which is what the anti-American GOP wants.

    December 24, 2013 10:37 am at 10:37 am |
  12. just asking

    i don't know why the economy is still stagnant this long after the recession ended. didn't we spent trillions of dollars to 'fix' it? the fed has been printing money nonstop which is what is driving the stock market through the roof. the myth that the unemployment rate is declining and things are getting better is proven a myth.

    the middle class has taken a beating thanks to obama and the democrats. now not only are they trying to pay for their more costly healthcare, they are also paying for the healthcare of others. it was a huge hidden tax increase from obamacare, along with the 21 new taxes that were in the law.

    December 24, 2013 10:38 am at 10:38 am |
  13. Rudy NYC

    Donna replied:

    "I really hope that you can find some way to have a Merry Christmas and a Happy New Year. Life's too short."

    Oh don't worry Sweetie, I do very well at Christmas time and have a great time. BTW, nice way to avoid the truth of my response and divert the conversation. You are worthy of poor little Jay Carney's job as Chief Smoke Person.
    -------------------–
    Conversation? You call that a conversation? I call it an open tirade to the world at large, which means it doesn't deserve a response.

    December 24, 2013 10:51 am at 10:51 am |
  14. tom l

    Rudy would have totally spent more but the repubs obstructed him.

    December 24, 2013 10:57 am at 10:57 am |
  15. sonny chapman

    OMG !! If the Economy continues to improve, this could mean Political Victory for Dems. !! Quick Repubs.; do SOMETHING to try & wreck the Economy & pretend you're doing it the name of God & Country.

    December 24, 2013 11:03 am at 11:03 am |
  16. smith

    People aren`t spending as much because they have to save that money to pay for their increased health insurance premiums. Thanks to ACA.

    December 24, 2013 11:05 am at 11:05 am |
  17. king

    the repubs with their 24 hours of doom doom doom, have taken hold of the american gullibles and have them in a head lock. i wonder what these same people would be saying if the economy turned downward like it did in 2008 and 09. they probably be jumping off roofs and out air planes right now. these folks are really getting stupider and stupider. the economy is booming for crying out loud. yes there are a few million of the 300 million folks still out of work, mainly because of the repubs blockage, obstruction, and lies. for everything this administration does to gain jobs. but seriously, are the american people living in a hole.

    December 24, 2013 11:18 am at 11:18 am |
  18. Rudy NYC

    tom l tried to make a joke:

    Rudy would have totally spent more but the repubs obstructed him.
    ------------------------------------
    I really hope that you, too, can find some way to have a Merry Christmas and a Happy New Year. Life's too short.

    December 24, 2013 11:20 am at 11:20 am |
  19. sonny chapman

    If the Economy tanks, it's because of Obamacare. If the Economy really picks up it's ?

    December 24, 2013 11:28 am at 11:28 am |
  20. Tampa Tim

    Republican government shutdown is not a health care plan.

    December 24, 2013 11:29 am at 11:29 am |
  21. Donna

    Rudy NYC
    Conversation? You call that a conversation? I call it an open tirade to the world at large, which means it doesn't deserve a response.
    --

    As usual, the lefties refuse to address the subject matter at hand, as well as the facts. They believe they can simply deem themselves correct and all other point invalid and a rant because they know they have nothing to counter with, and that is the only lame response they can muster. Just like Mr. Sniffy likes to deem everything a "nontroversy" or a fake scandal. So when faced with facts you cannot refute, you just dismiss others and claim victory. I believe the correct term for this is arrogance.

    December 24, 2013 11:30 am at 11:30 am |
  22. Tampa Tim

    Conversation is more than repeating Hannity's lies.

    December 24, 2013 11:30 am at 11:30 am |
  23. Tampa Tim

    People are not spending as much because republicans cut off unemployment benefits, cut veterans' benefits, refused to pass a farm bill, and wasted $24 billion on an insane government shutdown.

    December 24, 2013 11:33 am at 11:33 am |
  24. Tom1940

    You do not implement a "failed financial program (ACA)", impacting fully 1/6th of the U.S. Economy, with "hits" coming in 2014 upon further implementation of it's far reaching and onerous "tentacles" reaching into the billfolds of each and every American in the U.S. The "true" financial impact is yet to be known. The "death spiral" of ACA has begun, with the 18-34 age group, opting out of signing up. That leaves the old, sick and most needy requiring the greatest level of care to foot the bill. Premiums are going up. Not until losses are known when the books are closed on 2014, will the new "premium cost" be computed and customers notified. That should be interesting! In the meantime, the 2014 election looms large over the Democrats, and should this "mess" continue, I do not believe any Democrat, Senator or Representative, – Incumbent, nor "newby" seeking election, is going to fare well. Failure demands that sacrifices be mae and I believe the Democrat Party is going to pay heavily. Very, very heavily at the polls in November 2014.

    December 24, 2013 11:36 am at 11:36 am |
  25. Thomas

    Donna ,truth hurts but reality bites , just asking ,

    Are you the same dude ? Who of you gets the paycheck from Jim DeMint ?

    Maybe people have a little fear left over from 8 years of GW Bush economic crash, and are saving there money , maybe people are conserving , charging less on there credit cards , maybe they realize they don't need to buy so much junk .

    Do you guys still own a pet rock , and what do you feed it ?

    December 24, 2013 11:41 am at 11:41 am |
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